January 22, 2020 – In the financial year 2019, Daimler AG has achieved a preliminary Group EBIT of EUR 5.6 billion (financial year 2018: EUR 11.1 billion). Not included therein are anticipated additional expenses for ongoing governmental and court proceedings and measures relating to Mercedes-Benz diesel vehicles in various regions and markets. Upon preliminary assessment,… Continue reading @Daimler: 22. Jan 2020Preliminary results for the financial year 2019 including anticipated additional expenses below earnings expectations
Tag: Daimler
Daimler 2019 profit down by half, diesel scandal weighs
FILE PHOTO: A Mercedes-Benz “Vision URBANETIC” concept car is seen in front of the Daimler AG logo during the company’s annual news conference in Stuttgart, Germany, February 6, 2019. REUTERS/Michael Dalder FRANKFURT (Reuters) – German luxury car maker Daimler (DAIGn.DE) on Wednesday issued its third profit warning for 2019, as costs related to the diesel… Continue reading Daimler 2019 profit down by half, diesel scandal weighs
Chinese automaker BYD plans to inject $51m into BYD-Daimler EV JV
Chinese automobile manufacturer BYD announced on Wednesday that it has agreed to inject 350 million yuan ($51 million) in cash into Denza, an equally owned joint venture between BYD and Germany’s Daimler AG that specialises in luxury electric vehicles. Shenzhen-based BYD, which is backed by U.S. billionaire Warren Buffet, is making the investment through its… Continue reading Chinese automaker BYD plans to inject $51m into BYD-Daimler EV JV
Lucid Air: 235mph EV to be launched at New York motor show
American electric vehicle (EV) start-up Lucid Motors has announced that it will reveal the Air – a luxurious saloon capable of 235mph – in production form at the New York motor show in April. First revealed in prototype form in December 2016, the Air is positioned as a rival to the Tesla Model S as well as conventionally… Continue reading Lucid Air: 235mph EV to be launched at New York motor show
Press Releases – Natural and renewable gas: Joint call to accelerate the deployment of refuelling infrastructure
Brussels, 21 January 2020 – The European Biogas Association (EBA), the Natural & bio Gas Vehicle Association (NGVA Europe) and the European Automobile Manufacturers’ Association (ACEA) are calling on EU policy makers to accelerate the deployment of infrastructure to deliver natural gas and renewable gas/biomethane across the European Union. Europe needs to trigger a successful… Continue reading Press Releases – Natural and renewable gas: Joint call to accelerate the deployment of refuelling infrastructure
Daimler chairman calls for ‘universal CO2 tax’ – Korea Times
Daimler AG Chairman Ola Kallenius poses with the Mercedes-Benz VISION AVTR during the brand’s press conference at the 2020 Consumer Electronics Show in Las Vegas, Tuesday (KST). Courtesy of Mercedes-Benz By Nam Hyun-wooLAS VEGAS ― Daimler AG Chairman and CEO Ola Kallenius called for additional taxation for CO2 which is “universal across industries” as it… Continue reading Daimler chairman calls for ‘universal CO2 tax’ – Korea Times
Vegan cars are the next big fad in the automotive industry
Could a vegan steak bake change the car industry? It might sound tenuous, but the phenomenal success of the unlikely offering from Greggs, along with myriad other vegan products from national chains that have been rolled out for ‘veganuary’ this month, demonstrate that catering to the growing demand for animal-free products is big business. The growing… Continue reading Vegan cars are the next big fad in the automotive industry
All-Electric Mercedes-Benz eEconic Is Coming
Daimler Trucks takes next logical step in truck electrification with battery-electric Mercedes-Benz eEconic eEconic is based on all-electric Mercedes-Benz eActros eEconic is ideal as waste-collection vehicle ideal in inner-city traffic due to high levels of ergonomics and safety. Electric drive has environmental and efficiency advantages Practical use of the eEconic is to start in 2021… Continue reading All-Electric Mercedes-Benz eEconic Is Coming
Collective bargaining: Daimler boss Källenius calls IG Metall for moderation
Ola Källenius The Daimler boss has prescribed a savings program for his company. (Photo: Reuters) Stuttgart Daimler-Boss Ola Källenius has the IG metal called for restraint in the upcoming collective bargaining. “In this situation, we think it is very, very sensible to adjust the requirements accordingly,” said Källenius in an interview with the “Automobilwoche” (Monday).… Continue reading Collective bargaining: Daimler boss Källenius calls IG Metall for moderation
EV battery swapping is dead in US, but China wants to make it happen
With the rise and fall of battery-swap company Better Place in 2013, the prospect of mass-scale swappable EV battery packs in the US fell by the wayside. Tesla abandoned the idea a few years later. The big problem (among many) was a lack of common battery standards across multiple automakers. Battery packs need to be… Continue reading EV battery swapping is dead in US, but China wants to make it happen